Pre-facto intimation of the upcoming 55th meeting of Committee of creditors
Awaiting price reaction for this filing.
Value Industries Ltd, along with 12 other Videocon group companies, has informed the stock exchanges about its upcoming 55th Committee of Creditors (CoC) meeting scheduled for Thursday, November 13, 2025. The company is currently undergoing a consolidated Corporate Insolvency Resolution Process (CIRP) following NCLT orders dated September 5, 2018, and subsequent orders in August and September 2019. The meeting will be conducted under IBBI's Insolvency Resolution Process regulations. Abhijit Guhathakurta is acting as the Resolution Professional. This is a routine procedural intimation and does not indicate any new development in the insolvency proceedings.
For shareholders, this is a routine procedural disclosure confirming the CIRP continues without any new resolution or outcome. Investors should not expect immediate changes; resolution, if any, would come only after the CoC deliberates and submits its decisions.